Interestingly, Dogecoin is enjoying a spike in terms of social dominance as Elon Musk, the new CEO Twitter and self-proclaimed “The Dogefather,” once again made a move that concerns the dog-themed asset.
It was not that long ago when the social media giant intensified its campaign to flush bots out of its platform to improve user experience.
Among those affected by this were accounts which, according DOGE’s creator Billy Markus, did nothing except to “tweet” or share memes related to the asset.
Markus, on December 5, shared a post that tagged Elon Musk and a number of Twitter accounts that pertained to the cryptocurrency and seemingly seeking answers why they were suspended (banned).
The new owner of the platform responded briefly, saying “Looking into it,” with the exchange between the two personalities gaining more than 27,000 heart-reacts and over 1,600 replies. Later on, Musk said Twitter might have been a bit too intense with its move to suspend the said accounts.
Following this development, Dogecoin responded positively as its social dominance numbers registered an uptick, from almost 3% on December 4 to 4.463% at the time of this writing.
(By Christian Encila)
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